June, 2021 | Forex robots store

Bitcoin is Finished? US Dollar Says Otherwise!

China has been on a rampage trying to crackdown on cryptocurrencies, threatening banks and miners throughout the country. Over this past weekend, China ordered domestic banks and payment platforms to stop provides services linked to trading of virtual currencies. As...

AdminJun 22, 2021

Finance news

May existing home sales drop for a fourth straight month as affordability squeezes buyers out

Sales of existing homes dropped for the fourth straight month due to a very low supply of homes on the market. Existing home sales fell 0.9% in May from the previous month to a seasonally adjusted annualized rate of 5.8...

AdminJun 22, 2021

Market overviews

Dollar Awaits Fed Powell, Sterling Bulls Not Giving Up

Trading in the forex markets is rather subdued today, as in other financial markets. Dollar continues to consolidate recent rise while European stocks and US futures are treading water. Focus turns to Fed Chair Jerome Powell’s testimony for fresh inspirations....

AdminJun 22, 2021

Technical analysis of Forex market

EUR/USD Trades Sideways

Since Friday, the EUR/USD currency exchange rate has been fluctuating between the support of the 1.1850 mark and the resistance of the 1.1925 level. In the near term future, the situation could change due to the approaching of the hourly...

AdminJun 22, 2021

Fundamental analysis of Forex market

The Fed Is Bringing Markets Back To Life

Last night, the Dollar lost about 0.4%, reaching 1.1909, around which it is quietly trading on Tuesday morning. The Dollar index dropped 0.5% yesterday and has so far remained around 91.935 in anticipation of further drivers. They won’t take long...

AdminJun 22, 2021

Central banks news

BOE Preview: Not Yet Time for Tapering as Virus Resurgence Raises Economic Uncertainty

The BOE would maintain an upbeat tone at this week’s meeting. However, the uncertainty, in particular a third wave of the pandemic which has caused a delay in restriction easing, suggests that it would be too early to hint about...

AdminJun 22, 2021

Market overviews

Sterling Firms Up While Dollar and Yen Consolidate

The forex markets are generally staying in consolidative mode today. Dollar and Yen pulled back slightly overnight, together with the notable rebound in stocks. But both are regaining some grounds while commodity currencies soften. Traders would likely be holding their...

AdminJun 22, 2021

Technical analysis of Forex market

Elliott Wave View: NZDUSD Looking For Further Downside

NZDUSD shows an incomplete bearish sequence from February 25, 2021 high favoring further downside. Near term, cycle from May 26, 2021 peak remains in progress as a zigzag Elliott Wave structure. Down from May 26 peak, wave A ended at...

AdminJun 22, 2021

Finance news

Victoria’s Secret reportedly borrows $500 million to finance split from Bath & Body Works

Pedestrians walk past a Bath & Body Works store. Craig Warga | Bloomberg | Getty Images Lingerie retailer Victoria’s Secret is taking out a $500 million loan to finance its split from Bath & Body Works, Bloomberg News reported Monday....

AdminJun 22, 2021

Finance news

Powell notes economic improvement, but says the pandemic remains a risk

Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a House Select Subcommittee on the Coronavirus Crisis hearing in Washington, D.C., U.S., September 23, 2020. Stefani Reynolds | Reuters Federal Reserve Chairman Jerome Powell said in testimony prepared for...

AdminJun 22, 2021

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Liudmila

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Month: June 2021

Bitcoin is Finished? US Dollar Says Otherwise!

May existing home sales drop for a fourth straight month as affordability squeezes buyers out

Dollar Awaits Fed Powell, Sterling Bulls Not Giving Up

EUR/USD Trades Sideways

The Fed Is Bringing Markets Back To Life

BOE Preview: Not Yet Time for Tapering as Virus Resurgence Raises Economic Uncertainty

Sterling Firms Up While Dollar and Yen Consolidate

Elliott Wave View: NZDUSD Looking For Further Downside

Victoria’s Secret reportedly borrows $500 million to finance split from Bath & Body Works

Powell notes economic improvement, but says the pandemic remains a risk

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Month: June 2021

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